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Federal Reserve Governor Christopher Waller proposed a new payment account on Oct. 21 that would grant stablecoin issuers and crypto firms direct access to Fed payment rails without full master account privileges.The announcement at the Fed’s inaugural Payments Innovation Conference marked a reversal from the central bank’s guarded stance toward digital asset firms.Waller described the concept as a “skinny” master account providing basic Fedwire and ACH connectivity while stripping out interest payments, overdraft facilities, and emergency lending. The new account creates a payments-only door that could reshape how stablecoin issuers settle dollar flows.The account would carry balance caps, pay no…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump signed a pardon for Binance founder Changpeng “CZ” Zhao on October 23, 2025, clearing a federal conviction tied to anti-money-laundering failures. According to Reuters and the Associated Press, Zhao had pleaded guilty in 2023, paid a $50 million fine, and served about four months in prison. Binance itself agreed to more than $4 billion in penalties related to US enforcement actions. Lawmakers Demand Answers Representative Maxine Waters, the top Democrat on the House Financial Services Committee, called the pardon “appalling but unsurprising” and…

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Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio highlights the knock-down BTC price in proportion. And it’s a divergence that has historically implied a deep undervaluation.According to data from ecoinometrics, based on its long-term correlation with the tech-heavy index, Bitcoin’s fair value sits near $156,000, while spot prices today hover around $110,000.Bitcoin’s fair value relative to the Nasdaq 100. Source: Ecoinometrics on X.The last time we saw such a gap was in 2023, and it came before…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has been listed alongside major firms as those who donated to a White House project. This comes as XRP rebounds, recording significant gains today. Ripple Among Big Tech Firms That Donate To White House Project XRP influencer Pumpius shared in an X post the private donor list of U.S. President Donald Trump’s new White House ballroom, which included Ripple. Other crypto firms on the list included Coinbase and Tether America, while Gemini founders Cameron and Tyler Winklevoss were also on the list.  Meanwhile, Ripple was listed…

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